Patronage Program

It pays to do business with Farm Credit of Florida.

One of the most important financial benefits of being a Farm Credit of Florida member-borrower is having the opportunity to share in the association’s profits. While most businesses return their profits to outside investors, Farm Credit of Florida believes in the importance of cooperative ownership. In other words, our borrowers ARE our investors, and as such, can share in our profits.

Farm Credit of Florida believes it’s important to put our profits in YOUR pockets. Ask your Farm Credit of Florida loan officer about the details of our patronage program and our diverse loan products.

Membership has its rewards

Smart farmers and country homeowners who borrow from Farm Credit of Florida could get a visit from a United States President, in the form of money back in their pockets!

We are a cooperative lender, which means that you are an owner and have a say in the way the cooperative is run. Each year, you have the opportunity to elect a group of your peers to our board of directors. This elected group is comprised of farmers, ranchers, and growers—people who understand what you need from a lender. They guide the association’s activities and policies throughout the year, and make sure that we never forget that our first priority is you, our borrower. Because our borrowers share in the governance of our association, it only makes sense that you would share in our success.

Ask your loan officer to show you the most recent returns—we think you’ll be impressed. We put our profits back in our borrowers’ pockets. We are committed to serving all of agriculture and are a stable source of credit now and in the future.

Learn more about patronage refunds with these helpful tools:


President's Message

We are excited to announce that, thanks to another profitable and successful year, a $13 million patronage distribution has been approved by our board of directors.

I am sincerely thankful for our member/borrowers. Thanks to their loyalty to Farm Credit of Florida through the years we are able to share our profits! This unique business model brings real value to you, as the consumer.
This year's cash return of $13 million resulted in a return of interest earned of 21.59%. We truly put our profits in your pockets! 
Other benefits of doing business with Farm Credit of Florida include:
  • We offer great rates. In addition to your patronage refund, you also receive a competitive interest rate upfront on your loans, helping you maximize your money.
  • We are ag experts. Our board of directors, management and employees have agricultural experience and expertise that allows them to understand your needs and challenges.
  • We are committed. We have been serving agriculture and rural communities for more than 100 years — through good and challenging times — and we are poised to continue serving our communities for the next century and beyond.
If you are a Farm Credit member, thank you for choosing our cooperative! We appreciate your business and look forward to serving your farm, agribusiness, home and personal credit needs for years to come. If you are not a member then we welcome you to give us a call and discuss how we can put our decades of experience to work for you and our put our profits in your pockets as well!
Robert W. Teston
Chief Executive Officer